Portrait of Steve Koltes

Rank #3062

Steve Koltes

Net worth $1.0B

Private Equity · United States

Born
Mar 03, 1956
Age
70
Source
Private Equity
Residence
Küsnacht
Citizenship
United States
Marital status
Married
Children
0
Education

Net worth over time

Biography

  • Steve Koltes is a cofounder and honorary co-chair of Luxembourg-based private equity firm CVC Capital Partners.
  • The firm went public on the Amsterdam stock exchange in April 2024 and Koltes owns a 4% stake.
  • CVC was established in 1981 as the European operations of Citicorp Venture Capital, the VC arm of Citigroup.
  • In 1993, Koltes and seven cofounders acquired the business and spun it out as CVC. They raised their first fund in 1996 and shifted their focus to private equity.
  • CVC's investments include Petco, Swiss watchmaker Breitling and Spanish soccer league La Liga.
  • Koltes has a family office based in the island of Jersey with offices in San Francisco, Nashville, Zurich and Cape Town.
  • Koltes co-owns a yacht, the 184-foot Blue II, with fellow CVC cofounder Rolly van Rappard.

Financial assets

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